Glossary entry

French term or phrase:

défaillances

English translation:

failures /failing

Added to glossary by jeantrans (X)
Mar 2, 2013 19:52
11 yrs ago
15 viewers *
French term

défaillances

French to English Bus/Financial Law: Contract(s) Business
Toutes les charges liées à l'accréditif en Guinée, seront supportées par les Acheteurs et celles en dehors de la Guinée, dont notamment les frais de confirmation des Lettres de Crédit, par le Vendeur.

Un Acheteur ne sera pas tenu de faire face aux défaillances d'un autre Acheteur ni de supporter les frais supplémentaires causés par un autre Acheteur, étant entendu, ainsi que précisé ci-dessus, que le Vendeur se réserve le droit de reporter le déchargement du navire jusqu’à ce que toutes les lettres de crédit soient ouvertes.


possible failure to provide documentation?

Proposed translations

+3
25 mins
Selected

failures

Individual buyers shall not be held liable for the failures of the other buyers to provide letters of credit, or for the extra costs caused thereby. However, the Seller reserves the right to may defer the unloading of the ship until all the letters of credit have been provided.

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Note added at 36 mins (2013-03-02 20:28:24 GMT)
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Since the previous sentence refers to letters of credit and since the consequence of the "défaillances" is deferment of the unloading jusqu’à ce que toutes les lettres de crédit soient ouvertes, I believe this is about failing to provide the credit rather than about breach of contract in general.
Peer comment(s):

agree Nikki Scott-Despaigne : "Failings" (UK), not "failures", cf. 2. noun here : http://dictionary.reference.com/browse/failing
1 hr
Thanks!
agree GILLES MEUNIER
8 hrs
Thanks!
agree writeaway
13 hrs
Thanks!
Something went wrong...
3 KudoZ points awarded for this answer. Comment: "Thanks to everyone. Nikki, I wish you had posted your suggestion, because I decided to use it. : )"
+1
21 mins

non-performance/breach/default

Breach of Contract and Non-Performance - Lawyers.com
business-law.lawyers.com › ... › Small Business Law
A contract is an agreement between two or more parties which creates an obligation to do or not to do a specific thing. Each party to a contract is responsible for ...

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Note added at 22 mins (2013-03-02 20:14:56 GMT)
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sorry

defaulting

http://www.proz.com/kudoz/french_to_english/law_general/3961...

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Note added at 23 mins (2013-03-02 20:16:13 GMT)
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Default | Define Default at Dictionary.com
dictionary.reference.com/browse/default
noun. 1. failure to act; inaction or neglect: They lost their best client by sheer default. 2. failure to meet financial obligations. 3. Law. failure to perform an act or ...
Peer comment(s):

neutral writeaway : not in this context
13 hrs
fair enough:)
agree Francis Marche : yes: default
1 day 12 hrs
neutral Nikki Scott-Despaigne : A "défaillance" is more general than "breach" or "non performance". "Default", here "another Purchaser's defaults", is more accurate.
1 day 13 hrs
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